TATASTEEL Scalp trade short below low. Sl= high
INDUSIND BANK - DOJI->Inside bar->Bullish pinbar = No more indecisiveness? Long above Prev day hig (PDH)
MAHANAGAR GAS At S/R zone. Mahanagar gas is at S/R zone and has formed a powerful candle. Candle body is big, but higher wick sis very big. Candle ended on red note. One can short below day's low. Long above previous day's high.
A pinbar today on a good resistance level . Possible break out / reversal expected once the level breaches . Long term view is bullish as positive sentiments for ITC .
NSE:SBIN is coming down from 280 which is its weekly resistance and closed below its daily support of 260 ......looks like it will come down to 240 which is its monthly support.....will will look to short next week.
Lupin LTD: - It is retracement 76.4 % move to previous high 2122.00 - Looks like double bottom (reversal pattern ) on Weekly chart - Very Good Risk Reward Ratio Trade With Strick stop loss Best Wishes
NSE:ONGC has printed a bearish pinbar around its resistance of 175 and also 50DEMA crossed 200DEMA so double confirmation that price is likely to so south... Trade with strict stoploss of 180..... i will look to short in future tmorrow and will update here
NSE:HINDPETRO has printed a bearish pinbar in its resistance zone......i will look to short around 322 tomorrow..
NSE:YESBANK has printed a bullish pinbar near its support of 342 ....it is a positional buy (1-2 weeks) for trgt of 365 with stoploss 338
NSE:SUNPHARMA has printed a bearish pinbar today and failed to close above its 50DEMA since last 3 days... to me it looks week .....will go short tomorrow
NSE:M_MFIN has printed a bearish pin bar and looks like it will retrace before giving a breakout.......will look to short tomorrow
NSE:LUPIN has printed a bearish pinbar around its near term resistance of 820.....i will look to short tomorrow for trgt 790
NSE:TECHM has printed a nice bearish pinbar around its life time high......high chance of reversal ...tomorrow i will look to short.......contra trend trade..... risk is high....only trade with light position
NSE:TCS has printed a bearish pinbar around its resistance of 3180 ..... so i will look to short tomorrow......but this trade is very high risk as tomorrow is the earnings announcement date after market hours..... but reward will also be high if it goes in your favour ....as per my view if 3100 broken it may move below 3000 also. "DARRR KE AAGE JEET HAI" ;)
NSE:COALINDIA has printed a bearish pinbar near its resistance of 290 .... i will look to go short tomorrow
NSE:AXISBANK has printed a bullish pinbar who's tail touched its 200EMA and near term support of 530 and closed at 542.40 .... so tomorrow i will look to buy in futures
NSE:ONGC has printed a bearish pinbar around its resistance of 184 ..... i will go short around 183 tomorrow.... you can see my related link ....i had completed up swing... as i mentioned in that trade
NSE:ASIANPAINT has printed a bearish pin bar around its resistance of 1160...... i will go short tomorrow